ASL Marine Holdings Balance Sheet Health
Financial Health criteria checks 2/6
ASL Marine Holdings has a total shareholder equity of SGD92.0M and total debt of SGD206.0M, which brings its debt-to-equity ratio to 223.9%. Its total assets and total liabilities are SGD516.2M and SGD424.2M respectively. ASL Marine Holdings's EBIT is SGD27.7M making its interest coverage ratio 1.1. It has cash and short-term investments of SGD16.1M.
Key information
223.9%
Debt to equity ratio
S$206.02m
Debt
| Interest coverage ratio | 1.1x |
| Cash | S$16.05m |
| Equity | S$92.02m |
| Total liabilities | S$424.17m |
| Total assets | S$516.19m |
Recent financial health updates
Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
May 13
Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
Jan 27Is ASL Marine Holdings (SGX:A04) A Risky Investment?
Aug 25Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
Apr 19Is ASL Marine Holdings (SGX:A04) Using Too Much Debt?
Jan 04Does ASL Marine Holdings (SGX:A04) Have A Healthy Balance Sheet?
Sep 13Recent updates
ASL Marine Holdings Ltd.'s (SGX:A04) CEO Compensation Looks Acceptable To Us And Here's Why
Dec 12ASL Marine Holdings (SGX:A04) Might Have The Makings Of A Multi-Bagger
Aug 06We Think That There Are Issues Underlying ASL Marine Holdings' (SGX:A04) Earnings
May 22ASL Marine Holdings (SGX:A04) Is Doing The Right Things To Multiply Its Share Price
Apr 21Here's Why ASL Marine Holdings Ltd.'s (SGX:A04) CEO May Deserve A Raise
Oct 24ASL Marine Holdings' (SGX:A04) Solid Earnings Are Supported By Other Strong Factors
Sep 06There's Been No Shortage Of Growth Recently For ASL Marine Holdings' (SGX:A04) Returns On Capital
Aug 31Revenues Not Telling The Story For ASL Marine Holdings Ltd. (SGX:A04)
Jul 18Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
May 13Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
Jan 27Is ASL Marine Holdings (SGX:A04) A Risky Investment?
Aug 25Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
Apr 19Is ASL Marine Holdings (SGX:A04) Using Too Much Debt?
Jan 04Does ASL Marine Holdings (SGX:A04) Have A Healthy Balance Sheet?
Sep 13Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
May 27A Quick Analysis On ASL Marine Holdings' (SGX:A04) CEO Salary
Feb 11Financial Position Analysis
Short Term Liabilities: A04's short term assets (SGD223.8M) do not cover its short term liabilities (SGD316.2M).
Long Term Liabilities: A04's short term assets (SGD223.8M) exceed its long term liabilities (SGD108.0M).
Debt to Equity History and Analysis
Debt Level: A04's net debt to equity ratio (206.4%) is considered high.
Reducing Debt: A04's debt to equity ratio has reduced from 235.1% to 223.9% over the past 5 years.
Debt Coverage: A04's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: A04's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 23:25 |
| End of Day Share Price | 2025/01/28 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ASL Marine Holdings Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Siew Khee Lim | CGS International |
| Jeremy Thia | DBS Vickers Research |
| Thor Lunder | DNB Markets |